What is Insurtech?
Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model. Insurtech is a combination of words “insurance” and “technology,” inspired by the term fintech.
Source is Investopedia.com 3/14/2019.
InsurTech Express focuses on insurance technology for Life Insurance, Annuities, and related lines of business such as Long Term Care Insurance. The objective is to be a technology and process improvement resource for the industry to benefit carriers, distributors, and solution providers.
IXN – Paperless Solutions Group Partnership Announcement
SALT LAKE CITY, UT – IXN® – the leading provider of cross platform digital quoting solutions for the life insurance industry – today announced a formal partnership with Paperless Solutions Group® (PSG), the premier provider of electronic applications in the insurance marketplace. Launching in the first quarter of 2019, distributors of life insurance. Read more on IXN Blog
Posted by Ken Leibow April 18, 2019
iPipeline acquires Canadian Solutions Provider Bluesun
iPipeline® – a leading provider of cloud-based software solutions for the financial services industry – today announced the acquisition of Bluesun, a leading provider of software solutions to the life insurance and financial services industry in Canada. Bluesun designs software products to automate core business processes for MGAs, national accounts, mutual fund dealers, banks and insurance companies. Their client base includes nearly 70% of all Canadian life insurers and agencies. Read more on MarketWatch.
Vive and BRAMCO Announce Release of Groundbreaking Term Life Application Platform
January 30, 2019 (Fairfax, Va.) In response to fundamental changes in the insurance industry that are driven primarily by rapidly advancing information technology, BRAMCO Financial has partnered with Vive Solutions, LLC to re-launch Vive – a groundbreaking multi-carrier end-to-end term insurance platform. Vive offers a unified platform for quoting, product selection, direct order submission, tele-app, and automatic requirement fulfillment, all the way through to policy delivery. Read full press release on Insurancenewsnet